Month: August 2024

VP Koung Launches US$19.4 Million Special Agro-Processing Zone Project

IPNEWS: Vice President Jeremiah Kpan Koung has launched the US$19.4 million Special Agro-Processing Zone emphasizing the critical need for unity among Liberian entrepreneurs to drive success in their businesses and foster national development. During the official launch of the Special Agro-Processing Zone (SAPZ) project on behalf of President Joseph Nyuma Boakai at the Free Zone …

VP Koung Launches US$19.4 Million Special Agro-Processing Zone Project Read More »

“Corruption Undermines Nation’s Progress,” Says Former President Sirleaf

IPNEWS: Former President Ellen Johnson Sirleaf has called for a renewed and comprehensive approach to tackling corruption in Liberia. Highlighting the need for preventive measures, Sirleaf emphasized the importance of instilling values of honesty and integrity from a young age. Speaking with Dr. Larry Bropleh on the program “Changing Minds, Changing Attitudes,” Sirleaf pointed out …

“Corruption Undermines Nation’s Progress,” Says Former President Sirleaf Read More »

LIBERIA: Gov’t Defies CDC Resistance Threats

–As Weah Predicts Harsh Economic Crisis IPNEWS: The government of Liberia has swiftly reacted to Wednesday’s threats by the political leaders of the CDC and former President of Liberia, George Manneh Weah, to resist plans by the government to prosecute former officials of the Weah’s government on corruption charges. Information Minister Jerolinmek  Piah, told Journalist …

LIBERIA: Gov’t Defies CDC Resistance Threats Read More »

LTA to Launch Consumer Protection Regulations

IPNEWS: The Liberia Telecommunications Authority (LTA) is set to launch its first consumer protection regulations as they host a technical meeting with telecommunications providers. The meeting was held to review and discuss the new regulations, which are designed to enhance consumer rights in Liberia’s telecommunications sector. During the meeting, Acting Chairman Patrick Honnah emphasized the …

LTA to Launch Consumer Protection Regulations Read More »

Senator McGill Slams Accusations of Illicit Mining Involvement as Lies

IPNEWS: Margibi County Senator Nathaniel McGill has strongly condemned the “unfounded accusations and malicious rumors” made by social media commentator Ambulah Mamey regarding his alleged dealings with Chinese miners or businessmen in Gbarpolu County. McGill made it clear that he has “no involvement with any Chinese miners or businessmen in Gbarpolu County, nor [is he] …

Senator McGill Slams Accusations of Illicit Mining Involvement as Lies Read More »

LIBERIA: Asset Declaration Hijack! Heads to Roll Over Refusal to Declare Assets

IPNEWS: A major setback has occurred for the government of Joseph N. Boakai with the refusal of dozens public officials to declare their assets. Sources tell the authoritative Independent Probe that President Joseph Boakai is angered over the refusal by dozens of his officials to declare their assets prior to the expiration of the deadline …

LIBERIA: Asset Declaration Hijack! Heads to Roll Over Refusal to Declare Assets Read More »

EDITORIAL: We Welcome Prosecution of former Public Officials for Alleged corruption, But…

Recent arrests for prosecution of former officials of the Administration of former President George Manneh Weah, and the subsequent suspension of Central Bank Governor Aloysius Tarlue on charges of corruption are laudable. Following the outcomes of audit reports that point breaches of financial laws and compliance failures demonstrate the government’s political will to act on investigative reports …

EDITORIAL: We Welcome Prosecution of former Public Officials for Alleged corruption, But… Read More »

Liberia: Pres. Joseph Boakai Appoints Henry Saamoi Acting Executive Governor

IPNEWS: Liberian President Joseph Boakai has appointed Henry Saamoi as acting Executive Governor of the Central Bank of Liberia, the Executive Mansion said in a statement Wednesday as reported by the Oracle News Daily on July 4. He replaces Jolue Aloysius Tarlue, suspended Tuesday following audit report showing alleged financial irregularities. President Boakai has reactivated …

Liberia: Pres. Joseph Boakai Appoints Henry Saamoi Acting Executive Governor Read More »

PERSPECTIVE: GAC Compliance Audit of CBL Compilation of Procedural Errors: No Evidence of Criminal Wrongdoing

By: Samuel P. Jackson, Global Financial Consultant The July 2024 Compliance Audit of the Central Bank of Liberia (CBL) by the General Auditing Commission (GAC) is a rehash of classic procedural errors in any large organization but there is no evidence of criminal wrongdoing. We will review the inaccuracies, errors, materiality, and lack thereof in …

PERSPECTIVE: GAC Compliance Audit of CBL Compilation of Procedural Errors: No Evidence of Criminal Wrongdoing Read More »